Penfield Montessori Academy Inc is located in Milwaukee, WI. The organization was established in 2016. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Penfield Montessori Academy Inc employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Penfield Montessori Academy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Penfield Montessori Academy Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $2.6m during the year ending 06/2022. While expenses have increased by 11.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PENFIELD MONTESSORI ACADEMY IS A FULLY-INCLUSIVE PUBLIC UW-MILWAUKEE CHARTER MONTESSORI SCHOOL FOR CHILDREN OF ALL ABILITIES. OUR MISSION IS TO PROVIDE A RICH AND CHALLENGING ENVIRONMENT WHICH ALLOWS STUDENTS TO REALIZE THEIR FULLEST POTENTIAL ACADEMICALLY, EMOTIONALLY, AND SOCIALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christine P Holmes Chair | OfficerTrustee | 0.1 | $0 |
Madonna Williams Vice Chair | OfficerTrustee | 0.1 | $0 |
Lisa Vanlandeghem Treasurer | OfficerTrustee | 0.1 | $0 |
Tere Sackerson Secretary | OfficerTrustee | 0.1 | $0 |
Christopher Due Director | Trustee | 0.1 | $0 |
Danila Danesi Director | Trustee | 0.1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Jm Brennan Overall Construction | 6/29/22 | $983,410 |
Faith Technologies Lighting | 6/29/22 | $132,520 |
Terminal-andrae Inc Electrical | 6/29/22 | $161,032 |
Statement of Revenue | |
---|---|
Federated campaigns | $6,750 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,480,646 |
All other contributions, gifts, grants, and similar amounts not included above | $906,931 |
Noncash contributions included in lines 1a–1f | $1,355 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,394,327 |
Total Program Service Revenue | $95,784 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,492,904 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $114,221 |
Compensation of current officers, directors, key employees. | $114,221 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,343,384 |
Pension plan accruals and contributions | $11,258 |
Other employee benefits | $160,393 |
Payroll taxes | $132,355 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,065 |
Fees for services: Accounting | $23,472 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $374,292 |
Advertising and promotion | $4,851 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $72,064 |
Travel | $33,509 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $30,006 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,715 |
Insurance | $0 |
All other expenses | $12,600 |
Total functional expenses | $2,622,666 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $156,617 |
Savings and temporary cash investments | $695,390 |
Pledges and grants receivable | $1,590,364 |
Accounts receivable, net | $395,549 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $22,758 |
Net Land, buildings, and equipment | $31,303 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,117,718 |
Total assets | $4,009,699 |
Accounts payable and accrued expenses | $147,967 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $30,097 |
Total liabilities | $178,064 |
Net assets without donor restrictions | $1,205,990 |
Net assets with donor restrictions | $2,625,645 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $4,009,699 |